Examples of Joint Venture Agreement in a sentence
Upon completion of the transactions contemplated under the Joint Venture Agreement, the registered capital of the JV Company will be RMB156,860,000 and owned as to 51% and 49% by the Company and Trans-media, respectively.
On 28 July 2010, the Company and Trans-media entered into the Joint Venture Agreement, whereby the parties have agreed to establish the JV Company and to contribute to the registered capital thereof.
As one or more of the applicable percentage ratios (as defined under Rule14.04(9) of the Hong Kong Listing Rules) in relation to the transactions contemplated under the Joint Venture Agreement exceed 5% but below 25%, the entering into the Joint Venture Agreement constitutes a discloseable transaction of the Company under Chapter 14 of the Hong Kong Listing Rules.
The Company confirms that there is no other transaction entered into between any member of the Group and Trans-media or its associates within a 12-month period before the date of this announcement or otherwise related, which would be, together with the transaction contemplated under the Joint Venture Agreement, regarded as a series of transactions and treated as if they are one transaction under Rule 14.22 of the Hong Kong Listing Rules.
As one or more of the applicable percentage ratios (as defined under Rule14.04(9) of the Hong Kong Listing Rules) in relation to the transactions contemplated under the Joint Venture Agreement exceed 5% but below 25%, the Joint Venture Agreement constitutes a discloseable transaction of the Company under Chapter 14 of the Hong Kong Listing Rules.